In the Getting weaker related idea I visualized my trading so I am not an independent analyst at the moment.
A rising correction is ongoing at the moment in a Zigzag pattern. I would like to see it will get stuck around the .382 Fibonacci level and the next round will be down. The fifth round target could be around 30 - 32 besides that not trade above 37.80.
Important
Always use stop order, cutting losses, this is one of the essential elements of your risk management and if you would like to be an independent investor then you must be the master of risk management.
Disclaimer
Reserved the right to make changes the content on this analysis at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
A rising correction is ongoing at the moment in a Zigzag pattern. I would like to see it will get stuck around the .382 Fibonacci level and the next round will be down. The fifth round target could be around 30 - 32 besides that not trade above 37.80.
Important
Always use stop order, cutting losses, this is one of the essential elements of your risk management and if you would like to be an independent investor then you must be the master of risk management.
Disclaimer
Reserved the right to make changes the content on this analysis at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.